PPP Loan information for Off road motor sports inc

$900,172

Off road motor sports inc was initially approved for PPP Loan of amount $900,172, the current approved amount is $900,172. The loan was approved on 03/15/2021 by The Bank of America, National Association reported 55 jobs and $900,172 was used to fund payroll.

Off road motor sports inc is Existing or more than 2 years old

OFF ROAD MOTOR SPORTS INC

Date Approved

03/15/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

OFF ROAD MOTOR SPORTS INC

Borrower Address

7 Centennial Dr

Borrower City

Peabody

Borrower State

MA

Borrower Zip

01960-7906

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

900172.00

Current Approval Amount

900172.00

Undisbursed Amount

0.00

Franchise Name

Land Rover Dealer Agreement Grant of the Franchise

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Peabody

Project County Name

ESSEX

Project State

MA

Project Zip

01960-7906

CD

MA-06

Jobs Reported

55

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

900169.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

912478.46

Forgiveness Date

08/11/2022

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